Value of Exports to Belarus from New Jersey
NJBLRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,733,420.00
Year-over-Year Change
459.70%
Date Range
1/1/2002 - 1/1/2017
Summary
The 'Value of Exports to Belarus from New Jersey' series measures the total value of goods and services exported from the state of New Jersey to the country of Belarus. This metric is important for understanding trade flows and regional economic dynamics.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the dollar value of all products and services that are transported from New Jersey to Belarus, including agricultural goods, manufactured items, and business services. It is used by economists and policymakers to analyze cross-border commerce and the economic relationship between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This export value trend offers insights into the trade policies, market conditions, and economic performance affecting both New Jersey and Belarus.
Key Facts
- New Jersey is a major exporting state, with over $50 billion in annual exports.
- Belarus is an important trading partner for many U.S. states, despite political tensions.
- Export values can fluctuate based on exchange rates, tariffs, and other economic factors.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods and services exported from the state of New Jersey to the country of Belarus.
Q: Why is this trend relevant for users or analysts?
A: This export data is relevant for understanding trade flows, regional economic dynamics, and the commercial relationship between New Jersey and Belarus.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: This export value trend offers insights that can inform trade policies, market conditions, and economic performance affecting both New Jersey and Belarus.
Q: Are there update delays or limitations?
A: There may be delays in reporting or limitations in data coverage, as with any economic indicator based on surveys and customs records.
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Citation
U.S. Federal Reserve, Value of Exports to Belarus from New Jersey (NJBLRA052SCEN), retrieved from FRED.